Common use of Auto Debit Authorization Clause in Contracts

Auto Debit Authorization. I/We hereby agree that BIDV may, and is authorised for this purpose debit my/our account(s) opened with BIDV any amount payable (or any shortfall to any agreed amount payable) to BIDV on the working day prior to monthly Due date or on monthly Due date to settle my/our BIDV credit cards account(s). Account number at bank  Minimum Due Amount 4  Full Closing Balance  % Outstanding Balance (No less than 5%)

Auto Debit Authorization. I/We hereby agree that BIDV may, and is authorised for this purpose debit my/our account(s) opened with BIDV any amount payable (or any shortfall to any agreed amount payable) to BIDV on the working day prior to monthly Due date or on monthly Due date to settle my/our BIDV credit cards account(s). Account number number: at bank bank:  Minimum Due Amount 4 Amount3  Full Closing Balance  % Outstanding Balance (No less than 5%)